Suzhou Shihua New Material Technology Co., Ltd. (688093.SH) plans to raise up to 600 million yuan for the expansion project of optical display thin film materials.

Suzhou Shihua New Material Technology Co., Ltd. (688093.SH) has released a plan to issue A shares to specific investors in the year 2025. The issuance will involve no more than 35 specific investors who meet the conditions stipulated by the China Securities Regulatory Commission and the Shanghai Stock Exchange. The total amount of funds to be raised in this issuance will not exceed 600 million yuan (including the par value), and the funds raised, after deducting issuance expenses, will be used for the expansion project of optical display film materials.